Ads
related to: are gold coins legal tendermoneymetals.com has been visited by 100K+ users in the past month
- Buy Gold Rounds & Bullion
Gold bullion bars, rounds & coins
from a trusted source! Shop Now.
- Buy Gold Bars
Buy gold bullion bars up to a kilo,
at low premiums. Shop now.
- 2021 1/4 Oz Gold Eagle
A new design featuring a close-up
of a majestic bald eagle.
- Buy Gold Coins Online
Gold Eagle, Maple Leaf, Krugerrand,
US Liberty, Sovereigns & More.
- Buy Gold Rounds & Bullion
Search results
Results from the WOW.Com Content Network
Butler, 95 U.S. 694 (1877), establishes that the law makes no legal distinction between the values of coin and paper money used as legal tender: A coin dollar is worth no more for the purposes of tender in payment of an ordinary debt than a note dollar. The law has not made the note a standard of value any more than coin.
The largest legal-tender gold coin ever produced was unveiled in 2012 by the Perth Mint in Western Australia. Known as the "1 Tonne Gold Kangaroo Coin " and with a face value of one million dollars, it contains one tonne of 9999 pure gold and is approximately 80 cm in diameter by 12 cm thick.
Under United Kingdom law, a coin is considered to be an investment coin, and hence transactions in it are not subject to value-added tax (VAT), if it is minted after 1800, and at least 900 thousandths fine, and has been legal tender in its country of origin; or if it is on a list of coins deemed to be investment coins. [2]
As of 2005, banknotes were legal tender for all payments, and $1 and $2 coins were legal tender for payments up to $100, and 10c, 20c, and 50c silver coins were legal tender for payments up to $5. These older-style silver coins were legal tender until October 2006, after which only the new 10c, 20c and 50c coins, introduced in August 2006 ...
The Coinage Act of 1857 (Act of Feb. 21, 1857, Chap. 56, 34th Cong., Sess. III, 11 Stat. 163) was an act of the United States Congress which ended the status of foreign coins as legal tender, repealing all acts "authorizing the currency of foreign gold or silver coins". Specific coins would be exchanged at the Treasury and re-coined. The act is ...
Earlier this year, the Utah state legislature passed a law making gold and silver coins legal tender. Now, a Salt Lake City-area numismatist hopes to set up a system that will allow Utahans to use ...
Ads
related to: are gold coins legal tendermoneymetals.com has been visited by 100K+ users in the past month